Tenant-occupied 3BR/1BA investment property in the Wylam area of Birmingham, offered with immediate income and future upside. The home is currently leased month-to-month at $800/month, providing flexibility for rent adjustment, renovation, or repositioning. Recent improvement includes a new roof installed in 2024, reducing near-term capital expense. Based on comparable rentals in the area, market rent is estimated in the $950–$1,050/month range with modest improvements and/or turnover. Priced to reflect age and condition, this property is well-suited for a buy-and-hold, BRRR, or Section 8 strategy. Month-to-month tenancy allows a new owner to execute their preferred investment plan immediately. Ideal for investors seeking an affordable entry point with clear rental upside.
School Information for 1242 Huron Street, BIRMINGHAM, AL 35224
Elementary School
WYLAM
Middle School
BUSH HILLS ACADEMY
High School
JACKSON-OLIN
Listing Courtesy: Keller Williams Realty Vestavia
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